What is Daedalus & how to use it for staking?

Daedalus is a highly secure wallet for the Ada cryptocurrency which can be used for Staking. Download and install it so you can use it to safely store your Ada. Daedalus will add more cryptocurrencies and be developed over time along with Cardano, to become a universal wallet, blockchain application platform and an app store.

What is the Daedalus wallet?

Daedalus is the official Cardano wallet and the go to wallet for most people when they are staring out in their Cardano journey and looking for a way to stake their ADA. As al ...more In this video I show you how to stake your ADA Cardano on The Daedalus Wallet in a simple step by step tutorial.

How much Ada do I need to stake from Daedalus?

The minimum amount of ADA that you will need to stake from Daedalus is 5 ADA + transaction fee but you will find that it will take a very long time to recover the ADA that you have used for transfer fees to get it to a wallet.

Is Daedalus a full node?

Daedalus - a full node. Daedalus is a full node, which means that you must download the entire blockchain. This takes time. But it deserves the effort as daedalus is being developed by IOHK and has usualy all the latest features.